xrpusdshort

XRPUSD was under strong selling pressure lately, mainly due to fundamental reasons (news). However, based on technical part, XRP is at a critical point of support where price reversed in the past and which also represents a Fibonacci strong level of activity. We believe that XRP may retrace to nearest area of resistance located at 1.10 and then fall down again to ...

Ripple has dropped strongly and is now approaching major support at 0.8224 (Fibonacci extension, Elliott wave structure, horizontal swing low support, bullish divergence) and a strong bounce could occur at this level to push price up to at least 1.1511 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support ...